KR held the 19th KR European Committee (KREC) meeting in London, UK, on July 1st. The KREC, established in 2004, includes members from major international maritime organisations and key European KR customers as follows:
- Oil Companies International Marine Forum (OCIMF)
- International Association of Independent Tanker Owners (INTERTANKO)
- International Chamber of Shipping (ICS)
- Baltic and International Maritime Council (BIMCO)
- International Association of Dry Cargo Shipowners (INTERCARGO)
- International marine insurance companies like AXA XL
- European shipowners and ship managers such as Bernard Schulte, Songa Ship Management, J.P. Morgan, and Unity Ship Management
KR's technological developments
KR raised its technology and R&D achievements told to decarbonisation
KR holds the European Committee annually to discuss major industry issues with members and to inform European maritime industry pioneers about KR's technological developments and business activities. At the 19th KR committee meeting, KR introduced its technology and research and development achievements related to decarbonisation, digitalisation as well as the relevant issues in the international maritime industry, in particular EU ETS and FuelEU Maritime regulations being implemented by the EU Authorities to promote decarbonisation in the maritime industry.
The meeting also delved into several cutting-edge initiatives, including Norway's ambitious carbon capture project 'The Northern Lights' and the latest publications and programs from OCIMF, with a focus on SIRE 2.0. KR presented its ongoing research and development efforts in decarbonisation, fostering an environment where participants could share experiences and collaboratively explore solutions to the complex challenges facing the international maritime industry.
Decarbonisation regulations from the IMO
Lee Hyungchul, Chairman & CEO of KR, said, "At a time when the maritime industry is facing strengthened decarbonisation regulations from the IMO, EU, and various governments, this Committee meeting served as a very useful forum to gain experience and insights on technology development and international regulatory trends related to decarbonisation and digitalisation amongst the key figures from the international maritime industry."
"KR will thoroughly review and analyse the matters discussed at this Committee to improve KR's services and advance the technology development in the future."
